Active Listing  ·  68 days on market

202 Nueces St #1405

Austin, TX 78701
$2,995,000
2 Bed 3 Bath 1,646 sqft $1,820/sqft Built 2020 2-Car Garage Pool Austin Proper

Experience elevated city living in this exceptional corner residence at the prestigious Austin Proper Hotel & Residences. Positioned on the 14th floor, this highly sought-after floor plan offers convenient access to the private resident lounge, pool, and amenity level just one floor below. Spanning approximately 1,646 square feet, every detail of this home has been thoughtfully curated.

Upon entry, dramatic 10-foot floor-to-ceiling windows flood the space with natural light while framing sweeping views of downtown Austin and Republic Square Park. Interiors reflect Kelly Wearstler’s signature blend of refined luxury and effortless sophistication, complemented by designer lighting throughout. Both bedrooms feature custom California Closet buildouts and blackout shades for ultimate comfort and functionality.

The chef’s kitchen is appointed with premium Gaggenau appliances and flows seamlessly into the open-concept living and dining areas, complete with a built-in surround sound system and custom home theater, perfect for both relaxed living and elevated entertaining.

Residents enjoy access to world-class amenities, including 24/7 valet and concierge service, hotel and private resident pools, a state-of-the-art fitness center, and acclaimed on-site dining by MML Hospitality. The exclusive resident amenity level features a private pool, indoor-outdoor lounge, library, and outdoor kitchen designed for both entertaining and everyday enjoyment.

Ideally located in Austin’s coveted Main + Main district, the property offers immediate access to Lady Bird Lake and the vibrant Seaholm District, home to Trader Joe’s, local boutiques, and top dining destinations. Just steps from ACL Live and a dynamic mix of cultural and lifestyle attractions, this residence places you at the center of everything that defines Austin living.

At $1,820/sqft, this home is priced 365% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

202 Nueces St #1405, Austin, TX 78701

Property Details

Price $2,995,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,646 sqft
Lot Size ,
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Austin Proper
County Travis
Zip Code 78701
$/sqft $1,820/sqft
Days on Market ,
HOA $1,650/Monthly
Annual Tax Est. $50,820.44
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231774255
List Date May 28, 2026
Elementary School Mathews
Middle School O Henry
High School Austin
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
13003 On The Lake Rd
Lakeland Park
$2,800,000 $1,750 2 bd / 2 ba 1,600 sqft , 2025-06-20
2503 Manana St
Manana West
$3,250,000 $1,548 3 bd / 3 ba 2,100 sqft , 2026-05-08
210 Lavaca St #2706
Block 21 Condos
$2,599,000 $1,202 3 bd / 3 ba 2,162 sqft , 2026-05-04
10500 W SH 71 None #909
White Rocks Entertainment
$3,442,281 $1,844 2 bd / 3 ba 1,867 sqft , 2026-06-12
10500 W SH 71 None #1003
White Rocks Entertainment
$2,501,250 $1,813 1 bd / 2 ba 1,380 sqft , 2026-06-05

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$14,376/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$599,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$14,376
Principal + Interest−$16,345
Property Tax (~2.1% TX avg)−$5,241
Insurance (~0.5%)−$1,248
Est. Monthly Cash Flow $-8,458

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

More Luxury Homes in Austin

Loading…
View All Luxury Homes →